Policy Action
The Monetary Policy Committee (MPC) unanimously voted to raise the policy repo rate by 25 bps to 5.50% from 5.25%.
Monetary tightening is often described rather simply: the central bank raises interest rates, borrowing becomes more expensive, demand slows and inflation eventually moderates. But from an investor’s perspective, a more interesting question arises: who actually absorbs the interest-rate hikes?
Bollywood aficionados may remember Deewaar (the 1970’s blockbuster) as the story of two brothers who take very different paths: one choosing the more disciplined road, the other accumulating enormous wealth but making choices whose consequences eventually begin to show. The evolution of India and the US over the past decade offers an interesting parallel.
On August 2, India wrapped up the 2026 Commonwealth Games in Glasgow in fourth place with 39 medals. The medal tally, though, was only part of the story! India delivered its best-ever Commonwealth para-sports performance, with Indian boxers winning 10 medals, 7 of them gold, the most won by any nation in a single sport at the Games.
Policy Action
The Monetary Policy Committee (MPC) unanimously voted to keep the policy repo rate unchanged at 5.25%.
The recent excitement around The Odyssey and Spider-Man has once again reminded us all why stories of heroes and villains have endured for centuries.
Imagine if you had a magical newspaper that showed you tomorrow's headlines today. If you used it to play the stock market, you would become a billionaire overnight, right?
"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful." — Warren Buffett
Policy Action
The Monetary Policy Committee (MPC) voted unanimously to keep the policy repo rate unchanged at 5.25%.
“What’s the best allocation for me?”
I am sure there is a suitably complex mathematical model out there that can answer your question.
